News on Medial

Venture firm 3one4 Capital returns entire first fund capital to sponsors

Economic Times · 20d

Early-stage venture firm 3one4 Capital, founded by Pranav and Siddarth Pai, has successfully returned the capital of its first fund to sponsors while maintaining potential for substantial additional returns. The 2016 fund backed notable startups like Darwinbox and Licious. 3one4 Capital has achieved six mergers and acquisitions exits, with more profitable exits in progress. The firm’s growing fund sizes and improved performance reflect India’s evolving venture capital landscape, marked by an increase in unicorns and new IPO opportunities.